Over 250,000 oil and gas related layoffs in 2015 and more coming.

I eat coconut oil for energy. 

For crude oil to trade as low as $15-$20 is not out of the question, however oil will trade more in the $40-$60 range for most of the next 10 years.

Should I upgraded from oil to gas, and renovated before put on the market?  

I need more action/fish vs. the "Joe Rock" :)

During these past ten years anyone who could fog a mirror and had some cash and/or some smarts could have or should have done well whether they invested in RE or the stock market as they've both rebounded very well during this last spurt.I'm no guru by any stretch but at 70+ years old and God willing still swinging, I have lived through at least 7 economic downturns from the '69 aerospace debacle to the '73 & '79 oil embargoes to the 79 Jimmy Carter 18 to 21% inflationary crisis to the '89 mortgage debacle to the 2000 high tech meltdown to the '08 mortgage meltdown.All that stated, what I'm seeing now is the absolute worse time in America's socio- economic history.

Diversification is good; remember when Houston looked so great before oil prices tanked?    

I've been involved in Real Estate as a licensed Easement/Right-of-Way Agent for the last 9 years working as a contractor in the oil & gas industry negotiating and acquiring pipeline easements.

You are probably thinking because the price of oil; that i'm looking for new source of income but, I am actually making more money than I ever have since I started.

There is a real estate market just 3 hours from my area of Salt Lake City, Utah that is in a price-drop free-fall because it is tied to the oil industry.